IndusInd Bank Plans Rs 30,000 Crore Capital Raise, Board Realignment

IndusInd Bank is getting more money to help its business.

They plan to get about 30,000 crore rupees by selling bonds and stocks.

This comes after some problems, like when the bank lost money on some deals and some people were suspected of using secret information to trade stocks.

The bank is also adding people from the Hinduja Group to its board, which is like the bank's management team.

The bank is waiting for approvals to raise the money and will report their quarterly results in July.